Answer:
An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.
Explanation:
The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.
Answer:
The appropriate response is "Margin trading can influence a far bigger place".
Explanation:
- The given topic Trading on margins offers shareholders not just the possibility of taking more opportunities unlike average, and perhaps moreover versatility for purchasing many more securities.
- Whilst also investing even from one's dealer, clients can leverage a far bigger role and use only existing leverages.
Answer: Option (A)
Explanation:
Adaptive selling is referred to as the change in the sales attitude that is based on the circumstances. A well defined appropriate sales strategy is thereby required so as to successfully sell commodities to their respective consumers. This involves being pliable so as to know when to propose solutions and thus when to further ask for data and information.
Answer: $20,000
Explanation:
Bonds are to be carried in the books at their fair value which is their market value. That value is $20,000 in this instance and so Dyckman Dealers will have to record the bonds at that $20,000 value.
Investment analysis are not a basis for recording bond prices. They are simply a basis for making investment decisions. For instance, because they believe that the bond is overvalued, they can benefit from this by short selling the bond and waiting for it to drop in price.
Answer:
True
Explanation:
As per the contract details, Melonville Times will telecast and run an advertisement on Friday and in the morning of Saturday, as later during Saturday the sales has to be done.
In case of any failure from Melonvile Times, it is liable to pay $50. Now, by the clause and word enforceable means actionable in real terms.
Since there is a formal written contract between the parties and the purpose of such advertisement and the value in case of any failure is defined, the liquidated damages provided are enforceable.
Note: It is assumed as the organisations are legal and professional all the conditions to make the contract legally valid is true.
Therefore, above stated statement is true.
